NEW HOME SALES SURGED IN MARCH

Key Points:

  • New home sales rose 8.8% in March from February to a seasonally adjusted 693K.
  • New home sales were 8.3% higher than March 2023.
  • The median sales price of new houses sold in March was $430,700 and the average sales price was $524,800.
  • The Right Facts will continue to monitor home sales.